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Economic News Release
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Employment Cost Index Summary

Transmission of material in this release is embargoed until                                 USDL-23-1640
8:30 a.m. (ET) Friday, July 28, 2023

Technical information: (202) 691-6199  *  ncsinfo@bls.gov  *  www.bls.gov/eci
Media contact:         (202) 691-5902  *  pressoffice@bls.gov

				EMPLOYMENT COST INDEX  JUNE 2023

Compensation costs for civilian workers increased 1.0 percent, seasonally adjusted, for the 3-month 
period ending in June 2023, the U.S. Bureau of Labor Statistics reported today. Wages and salaries 
increased 1.0 percent and benefit costs increased 0.9 percent from March 2023. (See tables A, 1,
2, and 3.)

Compensation costs for civilian workers increased 4.5 percent for the 12-month period ending in 
June 2023 and increased 5.1 percent in June 2022. Wages and salaries increased 4.6 percent for the 
12-month period ending in June 2023 and increased 5.3 percent for the 12-month period ending in 
June 2022. Benefit costs increased 4.2 percent over the year and increased 4.8 percent for the 
12-month period ending in June 2022. (See tables A, 4, 8, and 12.)

Compensation costs for private industry workers increased 4.5 percent over the year. In June 2022, 
the increase was 5.5 percent. Wages and salaries increased 4.6 percent for the 12-month period 
ending in June 2023 and increased 5.7 percent in June 2022. The cost of benefits increased 3.9 
percent for the 12-month period ending in June 2023 and increased 5.3 percent in June 2022. Inflation-
adjusted (constant dollar) compensation costs for private industry increased 1.5 percent for the 
12-month period ending in June 2023. Inflation-adjusted wages and salaries increased 1.7 percent for 
the 12 months ending June 2023. Inflation-adjusted benefit costs in the private sector increased 0.9 
percent over that same period. (See tables A, 5, 9, and 12.)

Among private industry occupational groups, compensation cost increases for the 12-month period ending 
in June 2023 ranged from 4.1 percent for natural resources, construction, and maintenance occupations 
to 5.3 percent for service occupations. Within industry supersectors, compensation cost increases 
ranged from 3.5 percent for financial activities to 5.4 percent for leisure and hospitality.
(See table 5.)

Compensation costs for state and local government workers increased 4.9 percent for the 12-month period 
ending in June 2023, compared with an increase of 3.4 percent in June 2022. Wages and salaries 
increased 4.7 percent for the 12-month period ending in June 2023 and 3.2 percent a year ago. Benefit 
costs increased 5.2 percent for the 12-month period ending in June 2023. The prior year increase 
was 3.6 percent. (See tables A, 7, 11, and 12.)

Table A. Major series of the Employment Cost Index [Percent change]
Category 3-month,
seasonally adjusted
12-month, not seasonally adjusted, current dollar 12-month, not seasonally adjusted, constant dollar
Mar.
2023
Jun.
2023
Jun.
2022
Mar.
2023
Jun.
2023
Jun.
2022
Mar.
2023
Jun.
2023

Civilian workers(1)

Compensation(2)

1.2 1.0 5.1 4.8 4.5 -3.6 -0.2 1.6

Wages and salaries

1.2 1.0 5.3 5.0 4.6 -3.5 0.0 1.7

Benefits

1.2 0.9 4.8 4.5 4.2 -3.9 -0.5 1.2

Private industry

Compensation(2)

1.2 1.0 5.5 4.8 4.5 -3.3 -0.2 1.5

Wages and salaries

1.2 1.0 5.7 5.1 4.6 -3.1 0.1 1.7

Benefits

1.1 0.9 5.3 4.3 3.9 -3.5 -0.6 0.9

Health benefits

- - 4.6 3.1 2.1 - - -

State and local government

Compensation(2)

1.1 1.0 3.4 4.9 4.9 -5.2 -0.1 1.9

Wages and salaries

0.9 0.8 3.2 4.7 4.7 -5.4 -0.2 1.7

Benefits

1.5 1.0 3.6 5.0 5.2 -5.0 0.2 2.1

Footnotes
(1) Includes private industry and state and local government.
(2) Includes wages and salaries and benefits.

Note: All estimates in the table can be found in the public database at www.bls.gov/eci/data.htm. Dashes indicate data not available.

Last Modified Date: July 28, 2023